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Rs 150,000 crore plus: the govt stimulus for rural areas post lockdown -Harish Damodaran

-The Indian Express That’s the actual liquidity pumped into rural areas by government post lockdown – through grain procurement, PM-Kisan and MGNREGA wages. There are many parallels one can draw between the novel coronavirus-induced lockdown (gharbandi) and demonetisation (notebandi), in terms of their impact on India’s farm economy. Both resulted in the same thing – demand destruction – albeit through different routes. Notebandi caused a haemorrhaging of liquidity from the predominantly cash-based farm...

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Amartya Sen, Noam Chomsky on board as Kerala govt launches debate series on new development models

-The New Indian Express The first episode will have Chomsky, Sen and WHO Chief Scientist Dr Soumya Swaminathan speaking on 'Kerala - Future Paths of Development'. THIRUVANANTHAPURAM: In a novel initiative during the COVID-19 pandemic, the state government is launching the 'Kerala Dialogue' -- a debate series on new concepts and development models. A series of visionaries including noted political thinker Noam Chomsky and Nobel-laureate economist Amartya Sen will join this unique...

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India Inc's big bet on Bharat saving the day -Sayantan Bera

-Livemint.com * Rural spending is the only ray of hope for a ravaged economy. But will consumers rise to the occasion? * The income loss due to 30 million migrant workers returning home is a significant hit to household finances. Moreover, covid-19 has deeply affected an already bruised consumer psyche The locked rooms lining the courtyard of Dilip Patidar’s sprawling ancestral home once smelled like a spice box. That was some years ago...

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'No Pay in Months', Say NITI Aayog Aspirational District Programme Workers

-TheWire.in Many field workers, some of whom have not been paid since November 2019, say they have not received any official communication for the delay either. Mumbai: In January 2018, as soon as Prime Minister Narendra Modi inaugurated his dream project ‘Aspirational District Programme‘, Sona Devi* was among the first few from Ghumla, a tribal district in Jharkhand, to join the workforce. Sona, 23, unemployed and a first-generation literate woman, was offered Rs...

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Some Key Questions That Need to Be Answered About the Three Agriculture Ordinances -Nikhit Kumar Agrawal

-TheWire.in The text of the ordinances raises some questions about their stated objective to ‘free up’ curbs on trade and help farmers get a remunerative price for their crop. Recently, the Bharatiya Janata Party-led Central government introduced three ordinances to bring in far-reaching agricultural ‘reforms’ in the country. Taken together, these ordinances intend to liberalise the regulatory system in the agriculture sector, provide freedom to farmers and traders to trade in farm...

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